Relaxation in timelines for compliance with regulatory requirements by Debenture Trustees due to Covid-19

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.... Relaxation in timelines for compliance with regulatory requirements by Debenture Trustees due to Covid-19 1. In view of the situation arising due to Covid-19 pandemic, challenges arising out of the local restrictions placed by various state governments and representations received from the Debenture Trustees, SEBI had earlier provided relaxations in timelines for compliance with certain regula....

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....er 12, 2020 for the quarter/ half year/ year ending March 31, 2021, as under: S.No. Regulatory requirements of SEBI circular dated November 12, 2020 Current timeline Extended timeline 1. Submission of reports/ certifications to Stock Exchanges as per clause 2.1 of the circular July 15, 2021   a. Asset Cover Certificate August 31, 2021 b. A statement of v....

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.... iii. Status of information regarding breach of covenants/ terms of the issue, if any action taken by debenture trustee iv. Status regarding maintenance of accounts maintained under supervision of debenture trustee July 15, 2021   August 31, 2021 4. This circular is issued in exercise of the powers conferred upon SEBI under Section 11 (1) of the Securities and Exchan....